Wai Kee Holdings Secures HK$9.8 Million Jet Grout Contract

Wai Kee Holdings Limited (HK:0610) has released an update.

Wai Kee Holdings Limited has announced a connected transaction involving its subsidiary Titan, which has secured a JG Sub-Contract from Vibro HK for HK$9.796 million. The contract, part of a larger development project in Kowloon, involves jet grout works for ground improvement over a 90-day period starting in December 2024. This transaction is subject to certain reporting and announcement requirements but does not require independent shareholders’ approval, as it falls under specific percentage thresholds.

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